Wi-Fi Customer Premises Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
Wi-Fi Customer Premises Equipment Market: Overview
Growing digitalization and rising need for technologies such as internet of things (IoT) and 5G entering the digital world are expected to drive the global Wi-Fi customer premises equipment market. Additionally, rising demand for smart phones and adoption of smart devices, smart cities are paving the way for growth avenues in the wifi customer premises equipment market.
Cisco & Google Collaboration to Boost Market
Cisco and Google are collaborating to provide high speed internet at public places in India. The operations have already commenced in major cities and 200 locations are already Wi-Fi enabled. Such transformational shift across all the countries and states may contribute towards the expansion of the global Wi-Fi customer premises equipment market.
Wi- Fi Certified 6 Technologies to Provide Impetus to Global Wi-Fi Customer Premises Market
The advent of Wi-Fi 6 certified technologies is all set to enter the market with device based IEEE 802 . 11 ax technology.
All the above features of upcoming technology is projected to contribute towards the growth in the global Wi-Fi customer premises penetration market in the upcoming years.
As the need for simplified network administration escalates for residential as well as commercial applications, indoor or outdoor, that can be efficiently and flexibly handled by a commodity operator, it is most likely that Wi-Fi customer premises equipment would witness higher traction in coming years.
With growing demand for mobility and increasing significance of virtual networking infrastructure, Wi-Fi customer premises equipment (CPE) is likely to sustain steady adoption over the foreseeable future. Enhanced physical networking, subsequently resulting in the ascending availability of sharable virtual resources, is projected to support the growth of Wi-Fi customer premises equipment market.
With 5G technology holding the promise to govern the telecom world over the course of next few years, the key companies involved in Wi-Fi customer premises equipment are also providing ground for 5G devices, i.e. 5G compatible customer premises equipment.
5G Takes the Front Seat in Wi-Fi Customer Premises Equipment Market
Apart from Huawei Technologies, some more recognized companies are operating in the global WiFi customer premises equipment market, including AT&T, Qosmos, Ericsson, Verizon Wireless, Orange Business Services, Cisco Systems, Barcode Communications System, Dell, IBM, and, Intel Corporation.
Network Providers Partaking in the Mass Shift to Wi-Fi Customer Premises Equipment
Wireless network operators continue to face the growing customer dependency on advanced featured Wi-Fi network with high transmit power, without compromising on economic costs. Wireless customer premises equipment (CPE) has been a versatile wireless device solution for outdoor as well as indoor network connectivity demands. Increasing adoption of Wi-Fi customer premises equipment by households, commercial WISP providers and Wi-Fi installers, educational institutes, transportation terminals, convention centers, recreation areas and theme parks, and government facilities.
A substantial revenue share of the total sales of customer premises equipment is already taken up by Wi-Fi customer premises equipment. Further, a rapid mass shift of network service providers to integrated devices with an objective to regulate user experience is pointing to the increasing preference for Wi-Fi customer premises equipment in coming years.
Taxonomy: Global Wi-Fi Customer Premises Equipment Market
The global Wi-Fi customer premises equipment market has been categorized on the basis of type of application and geography.
Wi-Fi Customer Premises Equipment Market Segmentation by Application -
The study presents a granular assessment and quantitative evaluation of:
The region-wise assessment includes market dynamics in:
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
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